3 ms·
If a neurosurgeon can't get hip replacement surgery right I would definitely not let him operate on my brain. Krugman specialty is macro and liquidity traps. B
by venomsnake 14y ago
If a neurosurgeon can't get hip replacement surgery right I would definitely not let him operate on my brain.
Krugman specialty is macro and liquidity traps. Bitcoins are way out of his comfort zone.
- beagle3 14y agoHe's not fairing so good in macro either in this piece, as https://news.ycombinator.com/item?id=5549839 https://news.ycombinator.com/item?id=5549839 points out. (And if you read e.g. denninger's criticism of his columns, you'd see that this column is not a fluke: He often cherry picks evidence that fits his narrative, and ignores evidence and common sense when it doesn't)
- bitcartel 14y agoIf Bitcoin is outside of his comfort zone then he should do some research first! Seriously, how long would it have taken him to read up on Bitcoin and learn about the publicly distributed transaction ledger? > "Unlike credit card transactions, which leave a digital trail, bitcoin transactions are designed to be anonymous and untraceable. When you transfer bitcoins to someone else, it’s as if you handed over a paper bag filled with $100 bills in a dark alley."
- vinhboy 14y agoI am a developer and I spent a lot of time this week reading about bitcoin and I still don't understand it that well.. I don't think it's too far fetch to imagine that non-techy people would have a hard time grasping the concept.
- venomsnake 14y agoHow hard it is to prove beyond reasonable doubt that a person is the owner of the wallet if you don't have confession and stupid errors like having your harddrives without full disk encryption?
- deleted 14y ago[deleted]